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MarketSmith India Blog

Month: May 2017

Posted on May 26, 2017May 29, 2017

Weekly Big Picture – Nifty touches 9,600 levels for the first time

weekly-big-picture-High-26

 

MARKET PULSE

Status: Confirmed Uptrend

Highlights:

Three up days, two down days

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Posted on May 25, 2017

Daily Big Picture – Markets rebound with the Sensex hitting record high

MarketSmithIndia-WilliamOneilIndia

Today’s Action:

Markets make a bullish reversal after a short haul. The Nifty surged 1.59% on heavy volumes with the Sensex closing at a record high.

Continue reading “Daily Big Picture – Markets rebound with the Sensex hitting record high”

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Posted on May 23, 2017May 23, 2017

Daily Big Picture – Key indices follow broader markets to close in red

DailyBigPicture-MarketSmithIndia-WilliamOneilIndia

Today’s Action:

General weakness was seen in the overall market today, with the Nifty closing below 9,400 levels. Leading the downtrend, the broader markets shed major gains today and are more than 5.8% off from their recent high.

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Posted on May 22, 2017

Daily Big Picture – Markets trim their morning gains, broader markets under pressure

MarketSmithIndia-WilliamOneilIndia

Today’s Action:

As a respite to a volatile last week, the markets opened on a positive note. They gave away most of their morning gains by the close of the session, with broader markets closing in red.

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Posted on May 19, 2017

Weekly Big Picture – Key Indices end the volatile week on a positive note

MarketSmith India _ Weekly Big Picture.

MARKET PULSE

Status: Confirmed Uptrend

Highlights:

Three up days, two down days

Continue reading “Weekly Big Picture – Key Indices end the volatile week on a positive note”

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